The Brent crude oil - the global benchmark for oil prices - was trading at $78.01 per barrel, however, closed trading at $79.38 per barrel.

"These Iranian barrels that we're going to lose, it's really going to hurt". Japan's Fuji Oil Co. has effectively stopped buying crude from the Persian Gulf state because it's becoming hard to secure a ship to transport oil, according to a company spokesman.

Mirroring a step by China, where buyers are shifting almost all their Iranian oil imports to vessels owned by National Iranian Tanker Co (NITC), this means that Asia's two biggest oil importers are making plans to continue Iran purchases despite pressure by Washington to cut orders.

The sharp increase was linked to mounting concerns that falling Iranian output could tighten markets once US sanctions bite from November.

Crude is up 9% since mid-August as WTI flirts with $70 per barrel. He also stated that the Iranian production is already giving indications of declining.

Following Seko's comments, a spokesman for JXTG Nippon Oil & Energy, Japan's largest refiner, on Tuesday declined to comment on its loadings and imports of Iranian oil after October.

This output was helped by Libya recovering some of its production capability.

Russia, which is cooperating with OPEC along with several other non-members, kept pumping at near post-Soviet records last month as it reaped the benefits from the June deal to ease output caps.

For the first time in 3 weeks, 2 new oil rigs were added to United States oil production operations, taking the count of active oil rigs to 862. Thanks to the US Labor Day holiday, trading volumes in both US and European crude oil futures were relatively light.

China's manufacturing activity grew at the slowest pace in more than a year in August, with export orders shrinking for a fifth month, a private survey showed on Monday.

"It isn't at all clear that such type of economic headwinds will topple oil prices given ... the constant barrage of supply outages", Innes said.

As well, Showa Shell Sekiyu plans to "observe a government decision" on Iranian oil imports, said a spokesman for the crude wholesaler, but no specifics have been provided.

A judge says the federal government can end a temporary housing vouching program for hundreds of Puerto Rican hurricane evacuees. The count in Puerto Rico could change as the government continues to investigate deaths from the storm, Puerto Rico Gov.

The funeral was attended by several leaders, including former Vice President Joe Biden , who was an honorary pallbearer. She just cemented her father's legacy, not as a war hero and longtime US senator, but as an enemy of Donald Trump .

Though Woods has not won since 2013, he finished runner up at the Valspar Championship and PGA Championship this season. Unlike other golfers, DeChambeau makes sure all of his irons and wedges measure the same length - 37-1/2 inches.

China's exports to Africa grew by 2.7 per cent to $94.74 billion, while its imports rose by 32.8 per cent to $75.26 billion. China will extend a total of $60 billion of financing to Africa, Chinese President Xi Jinping announced Monday.

That's a 46 percent improvement in graphics processing power and a 178 percent jump in power efficiency over last year's Kirin. The company's sub-brand, Honor , announced the Magic 2 smartphone with Oppo Find X-like sliding camera module.

I had, last season, great success. "But my second position last season is one of my greatest achievements in football". Mourinho was present at Burnley's Europa League qualifier with Olympiacos in midweek. "When we win we are good.

The phone comes with 4GB of RAM and 64GB of storage, and that is the only variant of the device that the company announced. The Xperia XZ3 features a 3,300mAh battery on the inside, and that battery is not removable, in case you were wondering.

Acquiring Mack, a true pass rusher will give defensive coordinator Vic Fangio something to smile about. Oakland also included its second-round selection in 2020 and a conditional fifth-rounder that year.

Junior Hoilett faces a late fitness test on a groin problem, while Aron Gunnarsson is rated doubtful with a knee injury. And, with Ozil apparently over his illness , he was back in the team at the Cardiff City Stadium.

Eagles quarterback Carson Wentz not yet cleared for contact
Falcons coach Dan Quinn downplayed the importance of knowing for certain who the quarterback would be in a conference call Sunday. He had been splitting first-team reps with Foles, but will move back into a supporting role for at least this week.

Presents the cheapest top-end smartphone from Xiaomi Pocophone F1
Both the rear and front cameras are supported by AI features for photos, such as AI Portrait, AI Beautify, and AI Scene Detection. The Xiaomi Poco F1 is the most affordable smartphone to offer a flagship Snapdragon 845 processor along with up to 256GB storage.

Trump continues to bash Canada amid NAFTA negotiations
Prime Minister Justin Trudeau, left, reached out to former prime minister Brian Mulroney, centre, about the NAFTA negotiations. Canadian officials, speaking on background Saturday, said they were not going to respond to tweets .